
The directors of Big Staffie plc state in the company’s annual report that their adherence to the requirements of the UK Corporate Governance Code is driven by their belief that the aim of corporate governance is the nurturing of enterprise while ensuring accountability in the exercise of power and the patronage of firms.
It is clear from this that the directors of Big Staffie plc have adopted?
Select ONE answer:
- The corporate perspective on corporate governance
- The public policy perspective on corporate governance
- The legal perspective on corporate governance
- The stakeholder perspective on corporate governance
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 2
- Not correct
- Correct == > This definition of the aim of corporate governance is the broadest possible perspective – the public policy perspective.
- Not correct
- Not correct

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